Midwest Electric is committed to working with local, state, and national officials to keep and create jobs in west central Ohio.  Our economic development program includes competitive electric rates, low-cost new construction charges, partnerships with our statewide power supplier, and a revolving loan fund.

Revolving Loan Fund (RLF)

The Midwest Electric Revolving Loan Fund (RLF) aims to create or retain jobs in west-central Ohio. Local businesses within our seven-county service area can apply for a low-interest loan. Financing is available to purchase land, buildings, manufacturing equipment, office and work equipment, infrastructure improvements, or an existing business if it creates expected future jobs. Ineligible RLF projects include: refinancing of existing debt, or payment to business owners/partners, projects without any supplemental financing, investments, general improvement loans for regular replacements (unrelated to expansion/creation), agricultural production cost (ie, cultivation, production, harvesting), general purpose vehicles, working capital, individual residential construction projects, conflict of interest, etc. The project requires job creation and a minimum of 10% equity infusion. Contact us or call 800-962-3830 for more information. Click here for a free pre-application.

Buckeye Power

Buckeye Power, Inc. (BPI) is Ohio’s generation and transmission cooperative, providing power to the 24 Ohio-based electric cooperatives and Michigan-based Midwest Energy & Communications.

Formed in 1959, Buckeye Power is focused on providing reliable, affordable electricity to member co-ops, distributing it to nearly 400,000 homes and businesses in Ohio.

Buckeye Power owns a diverse portfolio of baseload and peaking facilities outfitted with best-in-class environmental controls. BPI is also committed to researching and investing in economically sustainable renewable power sources.

Additionally, Buckeye Power provides engineering services to member cooperatives and assists them with load management, marketing, and economic development.

Owned and governed by the cooperatives it serves, Buckeye Power is dedicated to providing its member cooperatives with affordable and responsibly produced power.

Buckeye Power is committed to providing a mix of generation resources that balance affordability, reliability, and environmental responsibility. Those resources include coal, natural gas, solar, hydropower, biomass, and other small-scale renewable energy generation.

Visit the Buckeye Power economic development page for the economic development newsletter and the JobsOhio Site and Building Database.